Toyo Tire Corp. (TYO:5105) has announced that it will be raising prices on domestic aftermarket tire shipments from Aug. 1 onward. This comes as factors such as a labor shortage prompt a surge in distribution costs for the sector – a trend that looks set to continue going forward. The company has outlined a price hike of 3 percent to...
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Yokohama Rubber Co. Ltd. (TYO:5101) recently announced that it will be raising prices on its aftermarket tires in the Japanese domestic market. The change will apply to all shipments from Aug. 1 onward. This move comes as factors such as a personnel shortage cause distribution-related costs to surge, with expectations that this trend will continue going forward. The decision marks...
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Bridgestone Corp. (TYO:5108) is set to increase its prices on aftermarket tires shipped within Japan starting Aug. 1. With distribution-related costs surging amid factors such as a labor shortage, and the expectation that this trend will continue going forward, Bridgestone has decided on the strategy of increasing its own prices in response. This marks the company’s first price increase since...
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Yokohama Rubber Co. Ltd. (TYO:5101) plans to raise ex-manufacturer prices on Hamatite building products for shipments from Jan. 1, 2019. Products under the Hamatite line set for the price hike include building sealants, urethane waterproofing materials and other related products. The price increase on these products will range between 5–15 percent. Yokohama Rubber said that the price hike comes on...
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Tokai Carbon Co. Ltd. (TYO:5301) will pass on the investment cost for environmental provisions made at its U.S. base to its price of carbon black. The company is negotiating the price for the next fiscal year and plans to transfer the additional cost to the sale price as a surcharge. The U.S. carbon black market has faced tightening environmental regulations...
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Tosoh Corp. (TYO:4042) has announced that it will be raising its prices for polyvinyl chloride (PVC) paste by over 16 yen ($0.14) per kilogram as of Nov. 1. The company had previously announced on July 19 that it would be increasing its PVC price by 10 yen per kilogram. But with the cost of domestically produced naphtha – a basic...
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